An INFORMATION UTILITY under the Insolvency and Bankruptcy Code, 2016 is a body that:

Explanation: An 'information utility' is defined under Section 3(9) of the IBC as a person who stores, collates and submits financial information of debtors, creditors and guarantors in a centralised electronic repository, and enables the Adjudicating Authority to determine the existence and extent of a default from authentic records. The first such utility is the National E-Governance Services Ltd. (NeSL). Its role is evidentiary and facilitative - it does not adjudicate, fund, or auction. The record of default it stores supports a financial creditor's application under Section 7.